PPP Loan information for Mound family hardware

$126,932

Mound family hardware was initially approved for PPP Loan of amount $126,932, the current approved amount is $126,932. The loan was approved on 06/02/2020 by The Minnesota Lakes Bank reported 13 jobs and $126,932 was used to fund payroll.

Mound family hardware is Existing or more than 2 years old

PPP Loan Search / MN / MOUND / Mound family hardware

MOUND FAMILY HARDWARE

Date Approved

06/02/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MOUND FAMILY HARDWARE

Borrower Address

2250 COMMERCE BLVD

Borrower City

MOUND

Borrower State

MN

Borrower Zip

55364-1547

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126932.00

Current Approval Amount

126932.00

Undisbursed Amount

0.00

Franchise Name

True Value Company LLC - Member Agreement

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUND

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-1547

CD

MN-03

Jobs Reported

13

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

95199.00

Mortgage Interest Proceed

0.00

Rent Proceed

22733.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128056.76

Forgiveness Date

04/21/2021

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